Description
Mixed-Use Investment Opportunity - Owner-Occupy Your Business, Let the Rest Cover Your Costs520-524 Windsor Street is a mixed-use property that lets you do both: run your business out of the vacant commercial space while the rest of the building generates over $5,200/month in rental income.The numbers: 21 individual garages at $100/month each ($2,100/mo.), plus 2 updated residential units renting at $1,050+ each ($2,100+/mo. combined) - and that's before the commercial space is factored in at all. Move your business into that space and significantly offset, or eliminate, your overhead.The building has been well maintained and recently updated: new garage doors, a fresh black exterior paint job, and renovated residential units positioned to attract solid tenants at strong rents.Whether you're looking to own the building your business operates from, add a diversified income stream to your portfolio, or both, this property checks several boxes - multiple income sources under one roof, with steady demand for garage space in the area.Key Highlights: 21 garages @ $100/mo. = $2,100/mo.2 updated residential units = $2,100+/mo.Vacant commercial space, ready for owner-occupancyTotal income potential: $5,200+/monthNew garage doors, fresh exterior paintMove-in ready condition
Details
| MLS # | PABK2075072 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 77 |
| Listing Provided By | SPM Real Estate Group | Ana Marie Guzman Rodriguez |
Features
| Units | 1 |
|---|---|
| Zoning | MIX USE |
| Acreage | 0.18 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric, 90% Forced Air |
Exterior
| Construction Materials | Mixed, Vinyl Siding, Stucco, Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3199 |
|---|
Area Information
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19601 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19601) | |
Price: $599,900 low | high Med: $192,500 On site: 77 low | high Med: 64 | |
Market Activity 19601
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Learn More About This Property
| State | PA |
|---|---|
| County | BERKS PA |
| City | READING |
| Zip Code | 19601 |
| Area | Reading City (10201) |
| School District | READING |
| Listing VS Median (in 19601) | |
Price: $599,900 low | high Med: $192,500 On site: 77 low | high Med: 64 | |
